EVN 2.93% $3.87 evolution mining limited

EVN SPP Refund and Small change, page-3

  1. 33 Posts.
    From the SPP Announcement 29th July 2021:

    12. How are refunds paid?
    Refunds pursuant to the SPP may be paid under various circumstances. For example, if
    applications are made incorrectly the entire payment may be refunded, or if allocations are scaled
    back a partial refund may be made. If a refund is made, payment will be made in the same
    manner that Evolution's dividends are paid. This may be either by direct deposit to a bank
    account or by cheque, according to your instructions held by Evolution's Registry, Link Market
    Services Limited ("Link"), at the time the payment is made. You can change your payment
    instructions by calling the Registry on +61 1300 554 474 (within or outside Australia) at any time
    from 8:30am to 5:30pm (Sydney Time), Monday to Friday.



    13. When will I be refunded?
    Refunds will be made as soon as practical after the SPP closes.


    (c) In the event of a scale-back the difference between the application monies received, and
    the number of new Shares allocated to you multiplied by the issue price, will be refunded
    to you without interest by direct deposit (to your nominated account as recorded on the
    register of Evolution) or by cheque, without interest, as soon as practicable following the
    issue of the Shares.


    (d) If the value of the parcel of Shares you have applied for cannot be divided by the issue
    price to give a whole number of Shares, there will be a rounding down of the number of
    Shares. Any remaining balance of your payment will form part of the assets of Evolution
    (provided that the remaining balance is less than the issue price of one Share). You will
    not receive a refund of this amount, which will always be less than the issue price of one
    Share.

 
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